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Article: Global Cosmetic Chemicals Market to Reach $19.2 Billion by 2015, According to New Report by Global Industry Analysts, Inc.(Industry overview)
- Article from:
- PRWeb
- Article date:
- April 6, 2009
CopyrightCOPYRIGHT 2009 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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San Jose, California, Apr 06, 2009 (PRWeb.com via COMTEX) -- The global cosmetics and toiletries market has not been spared from the global economic downturn. Difficulty in obtaining credit and weakening consumer confidence has affected consumer spending on cosmetics. However, the financial downturn has attracted varied response from different regional cosmetics markets. Consumers in emerging economies such as China, India and Brazil are not subject to a credit squeeze of the same magnitude as that in developed markets such as Western Europe and the US. Presence of large domestic markets has cushioned these emerging economies from the deepening economic crisis. The ...
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